NEWARK - Authorities say they have busted an $11 million identity theft scheme operating out of New York and New Jersey.

A task force has arrested 14 people in connection with the ring. The 14 people are accused of stealing identities from people in Puerto Rico and then using those identities to fill out false tax returns.

Stolen identity refund fraud is one of the fastest growing crimes in America, according to U.S. Attorney Paul Fishman. Identity thieves steal a reported $2 billion from the IRS every year.